Inside Trade

December 7, 2024

Automakers, industry groups call for clarifications of EV tax rules

By Oliver Ward  / June 22, 2023 at 4:26 PM
The Treasury Department must clarify key elements of the Inflation Reduction Act as the administration moves to fully implement its tax credits for electric vehicles, say a host of automakers, industry groups, unions and other stakeholders. Companies including Tesla, Volkswagen, Panasonic, General Motors and Stellantis, as well as the United Auto Workers and Sen. Joe Manchin (D-WV), were among those responding to a Treasury Department request for public comment on the implementation of the IRA’s Section 30D, on tax credits...

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